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Techno Mathematical Swings to Profit as Revenue Doubles

Tokyo-listed Techno Mathematical Co. Ltd. (3787.TO) reported a sharp financial recovery for the nine months ending December 31, swinging to a net profit of ¥67 million as revenue nearly doubled year-over-year.

Techno Mathematical Swings to Profit as Revenue Doubles

The company's revenue surged to ¥544 million, a significant jump from the ¥279 million recorded during the same period in the previous fiscal year. This top-line growth allowed the firm to reverse its operational decline, posting an operating profit of ¥59 million compared to a loss of ¥253 million a year earlier.

Shifting Financial Metrics

According to the official filing based on Japanese accounting standards, the company’s pretax profit reached ¥79 million, a stark contrast to the ¥241 million loss reported in the prior period. This recovery translated to earnings per share of ¥25.95, up from a loss of ¥94.06 per share.

Despite the return to profitability, the board has opted to remain conservative regarding shareholder distributions. The company confirmed that it did not issue dividends for the first three quarters and currently forecasts a zero-yen annual dividend for the full fiscal year.

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